Rental Car Reimbursement on Auto Insurance Policies

Most states have made it mandatory for drivers/owners of automobiles to carry at least liability coverage. This requirement can be met by various methods, though; the most popular method is purchasing proof of financial responsibility through an insurer. Also, there are two aspects of polices-first is liability which is mandatory and second is any additional option that is not required by law. However, people in order to protect themselves or after assessing their own risk potential purchase additional coverage. There are several types of additions including the one that covers payment for a rental car.

Rental Reimbursement has daily limits and days are specified as per terms of policies. Rental reimbursement pays for the cost of a rental car while one has a loss already covered under collision and/or comprehensive coverage. Rental reimbursement is offered through one’s personal provider and is an add-on to one’s policy.

While contrary to common belief coverage of the rented vehicle is no always included on policies and is often offered by the renting company. If one is renting an automobile, the best idea is to first check with their provider or agency about what is covered.  Although many consumers decline these additions to their policies when obtaining auto insurance quotes from different carriers, they may be pleasantly surprised to find if they were to compare car insurance prices with this add on, the difference is not that much and can be extremely beneficial.